No, the Michigan State Spartans basketball teams have not been renamed.
However, the fact that a sentence like that even needs to be typed out is a sign as to just how ridiculous things have gotten. Two billionaire MSU graduates are using the basketball team/athletics department as a battleground for the mortgage wars waging in Detroit.
Shortly before the Spartans men’s basketball team played their first – and only – Big Ten Tournament game, an extremely curious news report hit the interwebs. According to multiple reports, based on an MSU press release, the Spartans would be known as the “MSU Spartans Presented by Rocket Mortgage.